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CENCORP SHARE ISSUE OVERSUBSCRIBED – THE FINAL RESULT OF THE SHARE ISSUE RESOLVED BY CENCORP CORPORATION ON DECEMBER 9, 2013
Cencorp 29.01.2014 16:25 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CENCORP CORPORATION STOCK EXCHANGE RELEASE JANUARY 29, 2014 AT 17.25 FINNISH TIME CENCORP SHARE ISSUE OVERSUBSCRIBED - THE FINAL RESULT OF THE SHARE ISSUE RESOLVED BY CENCORP CORPORATION ON DECEMBER 9, 2013 The Board of Directors of Cencorp Corporation (the 'Company') has resolved on December 9, 2013, pursuant to the authorization granted to it by the extraordinary general meeting of the Company held on December 4, 2013, on the share issue against payment by which the Company offers at the most 508.151.045 new shares of the Company for subscription to its shareholders and to the holders of its convertible bonds I/2010, I/2012 and I/2013 (the 'Share Issue'). The subscription period ended on January 24, 2014. According to the final result of the Share Issue, the total amount of subscriptions was 627.064.325 shares, which represents 123 per cent of the 508.151.045 shares offered in the Share Issue. Due to the oversubscription, the Board had to reject part of the subscriptions made on the basis of the secondary subscription rights in accordance with the terms of the Share Issue. As a result of the Share Issue, the number of the Company's shares shall increase by 508.151.045 to 854.312.315 shares. In total, 2.413 subscribers participated in the Share Issue. The Company collected 4.911.973 euros of new equity through the Share Issue. Approximately 2,4 million euros of the total subscription price was paid by the capital and/or interest receivables related to loans with interest that the Company owed to the respective subscribers. This includes the subscription of approximately 2,1 million euros by Savcor Group Oy. The subscription price of 4.911.973 euros for the Share Issue shall be in whole entered into the fund of the invested unrestricted equity of the Company. The Share Issue has no effects to the registered share capital of the company. As far it concerns the new shares subscribed on the basis of the primary subscription rights, trading of the interim shares representing the new shares on the NASDAQ OMX Helsinki, as a separate share class, commenced January 27, 2014. The interim shares will be combined with the Company's present share class when the new shares have been registered in the Trade Register. The new shares subscribed and accepted on the basis of the secondary subscription rights will be entered in the subscriber's book-entry account after the new shares have been registered in the Trade Register. The new shares will be registered with the Trade Register, which is expected to take place on February 4, 2014. The new shares are expected to be entered into public trading on February 5, 2014. Mikkeli, January 29, 2014 CENCORP CORPORATION For more information: Iikka Savisalo President and CEO Cencorp Corporation Tel.: +358 40 521 6082, Email: iikka.savisalo@cencorp.com Distribution: NASDAQ OMX Helsinki Ltd Main media Cencorp Corporation is a leading provider of industrial automation solutions. The equipment in the product portfolio include , automated applications of odd-form assembly and depaneling for the electronic boards, testing equipment and advanced materials processing by laser. All Cencorp's offering improvesing the efficiency of the customers' production. Cencorp has clean technology, especially photovoltaic (PV) solutions as its other business segment.. Cencorp now offers its automated manufacturing technology of the PV modules, manufactures and sells photovoltaic modules, based on Cencorp's own technology as well as key components of photovoltaic modules. . The product range also includes EMI shielding solutions, RFID antennas, other flexible circuits including for example conductive back sheets used in photovoltaic modules and mobile phone antennas. Cencorp's head office is located in Mikkeli, Finland. The company is part of the Finnish Savcor Group. Please note: The information in this stock exchange release is not intended to be disclosed or distributed, directly or indirectly partly or in whole, in Australia, South Africa, Japan, Hong Kong, Canada or in the United States or in any other country where the disclosure of this stock exchange release would be contrary to law. The information of this stock exchange release does not constitute an offer to sell securities in the United States, and securities subject to this release shall not be offered or sold in the United States unless they have been registered in accordance with the Securities Act of 1933 (including amendments) and provisions and regulations issued under the Act or unless the registration requirement has been waived. No offer to sell the securities or no part of such offer will be registered in the United States, and the securities will not be offered to the public in the United States. This release must not be interpreted as a direct or indirect offer to sell or acquire the securities, and none of the securities will be sold in areas where it is contrary to law to offer, acquire or sell securities before the registration of such securities or before an exception has been granted or an approval has been issued in accordance with the applicable securities legislation. News Source: NASDAQ OMX 29.01.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Cencorp Finland Phone: Fax: E-mail: Internet: ISIN: FI0009006951 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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